#SECETFApproval #SECapproval — Big moves are underway on the regulatory front for Solana ETFs. The SEC has asked issuers like Fidelity to amend and refile S‑1 applications by the end of July, highlighting staking and in‑kind redemption mechanics . This rushed timeline suggests the agency may green‑light spot SOL ETFs ahead of its October 10 deadline . This push follows the recent automatic approval and strong debut of the REX‑Osprey SOL & Staking ETF, which raised $12–30 million on launch . Bloomberg analysts estimate ~95 % odds of approval this year . A U.S.-based spot SOL ETF would mark the third major crypto asset class (after BTC and ETH) to hit the mainstream, opening Solana to traditional investors.
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